Toyota Raises Sales, Earnings Guidance Despite U.S. Tariff Impact

Published 4 days ago Positive
Toyota Raises Sales, Earnings Guidance Despite U.S. Tariff Impact
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Toyota Motor reported stronger second-quarter net profit and raised its sales and earnings guidance, even as U.S. tariffs continued to pose challenges. The Japanese carmaker said Wednesday that net profit rose 62% from a year earlier to 932.0 billion yen, equivalent to $6.07 billion, for the three months ended September. For the year ending March, it forecast revenue to increase 2.0% to ¥49.000 trillion and net profit to drop 38.5% to ¥2.930 trillion.

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